Edible oil imports may fall by 5% in 2024-25

India's import of edible oils — palm, soyabean and sunflower — during 2024-25 oil year (November-October) is likely to decline by around 5% to below 15.5 million tonne (MT) from 16 MT in the previous year, a senior industry official said.

- SANDIP DAS

The decline in imports is on account of record domestic oil seeds production and some decline in demand because of higher retail prices of cooking oil.